AirAsia returns to profit in 4Q 2015

Credit: Rob Finlayson
Malaysia-based low-cost carrier (LCC) AirAsia reported a 4Q 2015 net profit of MYR554.2 million ($131 million), reversed from a net loss of MYR428.5 million in the year-ago period. The airline said the results were due to lower fares that had stimulated the market and led to a boost in overall...

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